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Monster Worldwide Poll Reveals 55 Percent of Global Workers are Considering a Career Change in Response to Economic Climate

A global poll conducted by Monster® reveals that more than half of the respondents (55 percent) are considering making a career switch in response to the current economy, while nearly one third (30 percent) would consider a move if they could find a better career. Conversely, only 15 percent responded that their career was not impacted by the economy.

Monster® (NYSE: MWW), the worldwide leader in connecting people to job opportunities and the flagship brand of Monster Worldwide, Inc., asked visitors to their global sites the question, “Are national or global economic troubles causing you to consider a complete career change?” Over 4,600 responses were generated and international findings included:

  • Yes, I am trying to switch my career: 55 percent
  • Maybe, if I can find a better career: 30 percent
  • No, my career is not impacted by economic troubles: 15 percent

Results indicate a consistent response from workers across Europe, North America and Asia, where more than half of respondents in these countries are looking to change their career in response to an uncertain economy, by a respective 54 and joint 55 percent. North American regions included US (56 percent), Canada (55 percent) and Mexico (51 percent).

Monster UK respondents were meanwhile overwhelmingly in agreement about considering a switch in their career due to economic troubles, with nearly two-thirds (62 percent) answering yes.

Of those who aren’t already considering a career change, many others are on the fence; one third of Canadian workers (33 percent) would consider a career change if something better came along, a response closely favored by French (31 percent) and US (30 percent) respondents.

In comparison, there is a significant difference in the responses of workers country to country who answered that the economy is not impacting their career. Just nine percent of workers polled in the UK answered their career was not impacted, compared to 15 percent of French workers who answered no to the same question.

“There are many types of career changes, with some people making a career ‘side-step,’ moving into a new kind of role within their current industry, while others may be making a more radical change, ” says Charles Purdy, Monster.com’s career expert. “Before considering a change, workers need to do thorough research, making sure they have realistic expectations and a concrete plan for filling their skills gaps. People considering a career change should also reach out to their networks and consider conducting informational interviews, for example. All of us should be actively managing our careers and making sure we’re on top of developments in our chosen industry. At the same time, employers can work to retain employees by offering incentives such as training and skills development.”

The results of the current Monster Global Poll are based on votes cast by Monster visitors from: February 6 – February 20, 2012. Only one vote per user is counted toward the final tabulation. The Monster Global poll, a product of Monster®, is a series of online polls that gauge users’ opinions on a variety of topics relating to careers, the economy and the workplace. These polls are not scientific and reflect the opinions of only those Internet users who have chosen to participate.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalised career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.

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